Aspendale

Aspendale has seen population growth performance typically on par with national averages when looking at short and medium term trends

The population of Aspendale is estimated at around 7,481 as of Feb 2026. This reflects an increase of 196 people since the 2021 Census, which reported a population of 7,285 people. The change was inferred from AreaSearch's estimate of the resident population being 7,446 following examination of ABS data released in June 2024, along with an additional 86 validated new addresses since the Census date. This level of population results in a density ratio of 2,469 persons per square kilometer, placing Aspendale in the upper quartile relative to national locations assessed by AreaSearch. The suburb's growth rate since the census was 2.7%, positioning it within 2.9 percentage points of the SA3 area (5.6%). Population growth for Aspendale was primarily driven by overseas migration contributing approximately 60.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted employing a method of weighted aggregation of population growth from LGA to SA2 levels. Considering projected demographic shifts, Aspendale is expected to experience a population increase just below the median of national areas by 2041, with an estimated expansion of 840 persons reflecting an increase of 10.8% in total over the 17 years.

Recent residential development output has been above average within Aspendale when compared nationally

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, shows Aspendale averaged around 48 new dwelling approvals per year over the past five financial years. This totals an estimated 241 homes. So far in FY-26, 14 approvals have been recorded. On average, 0.9 new residents are associated with each dwelling constructed annually between FY-21 and FY-25.

The new supply is keeping pace with or exceeding demand, offering ample buyer choice and creating capacity for population growth beyond current forecasts. New properties are constructed at an average value of $598,000, indicating a developer focus on the premium segment with upmarket properties. This financial year, $2.3 million in commercial development approvals have been recorded, demonstrating the area's residential nature. Compared to Greater Melbourne, Aspendale has slightly more development, 20.0% above the regional average per person over the past five years. This maintains good buyer choice while supporting existing property values.

New building activity shows 33.0% detached dwellings and 67.0% attached dwellings. This skew toward compact living offers affordable entry pathways and attracts downsizers, investors, and first-time purchasers. This represents a considerable change from the current housing mix (currently 69.0% houses), reflecting reduced availability of development sites and addressing shifting lifestyle demands and affordability requirements. With around 145 people per dwelling approval, Aspendale shows characteristics of a low density area. According to AreaSearch's latest quarterly estimate, Aspendale will gain 805 residents through to 2041. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Aspendale has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Area infrastructure changes significantly influence local performance. AreaSearch identified eight projects likely impacting the area. Key projects include The Strand Aspendale, Rossdale Golf Course Redevelopment Aspendale, Aspendale Beachside Structure Plan, and Aspendale Gardens Shopping Centre Redevelopment. Below details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

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The employment landscape in Aspendale shows performance that lags behind national averages across key labour market indicators

Aspendale has a well-educated workforce with professional services showing strong representation. The unemployment rate was 4.6% as of December 2025, which is 0.1% below Greater Melbourne's rate of 4.8%. Workforce participation in Aspendale is on par with Greater Melbourne's 71.3%.

According to Census responses, 39.6% of residents work from home, though Covid-19 lockdown impacts should be considered. Employment among residents is concentrated in health care & social assistance, education & training, and construction. The area has particular employment specialization in education & training, with an employment share of 1.4 times the regional level. Retail trade has limited presence with 7.7% employment compared to 9.8% regionally.

Over the 12 months to December 2025, labour force levels decreased by 0.5%, while employment declined by 0.1%, causing the unemployment rate to fall by 0.4 percentage points. In contrast, Greater Melbourne experienced employment growth of 2.4% and labour force growth of 2.8%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Aspendale's employment should increase by 6.7% over five years and 13.7% over ten years, based on a simple weighting extrapolation for illustrative purposes.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

Aspendale suburb's income level is very high nationally according to latest ATO data aggregated by AreaSearch for financial year 2023. The suburb's median income among taxpayers is $60,616 and average income stands at $77,332, comparing to Greater Melbourne's figures of $57,688 and $75,164 respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates would be approximately $65,617 (median) and $83,712 (average) as of September 2025. Census data reveals household, family and personal incomes all rank highly in Aspendale, between the 80th and 85th percentiles nationally. Income analysis shows predominant cohort spans 30.7% of locals (2,296 people) in $1,500 - 2,999 income category, reflecting patterns seen regionally where 32.8% similarly occupy this range. Higher earners represent substantial presence with 36.9% exceeding $3,000 weekly, indicating strong purchasing power within community. Housing accounts for 13.6% of income while strong earnings rank residents within 86th percentile for disposable income and area's SEIFA income ranking places it in 9th decile.

Aspendale displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Aspendale's dwelling structure, as per the latest Census, consisted of 69.2% houses and 30.8% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Aspendale stood at 39.1%, with mortgaged dwellings at 43.4% and rented ones at 17.5%. The median monthly mortgage repayment was $2,383, exceeding Melbourne metro's $2,000. The median weekly rent was $460, higher than Melbourne metro's $390. Nationally, Aspendale's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Aspendale features high concentrations of family households, with a higher-than-average median household size

Family households account for 77.0% of all households, including 41.8% couples with children, 23.7% couples without children, and 10.5% single parent families. Non-family households constitute the remaining 23.0%, with lone person households at 21.2% and group households comprising 1.9%. The median household size is 2.7 people, larger than the Greater Melbourne average of 2.6.

Aspendale shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational qualifications in Aspendale Gardens as of 2021 trail regional benchmarks, with 36.7% of residents aged 15+ holding university degrees compared to the SA4 region's 46.0%. Bachelor degrees are most common at 24.6%, followed by postgraduate qualifications (8.0%) and graduate diplomas (4.1%). Trade and technical skills are prominent, with 30.2% of residents aged 15+ holding vocational credentials – advanced diplomas (11.7%) and certificates (18.5%). Educational participation is high, with 30.8% of residents currently enrolled in formal education as of 2021: 11.1% in primary, 9.1% in secondary, and 5.2% pursuing tertiary education.

Educational participation is notably high, with 30.8% of residents currently enrolled in formal education. This includes 11.1% in primary education, 9.1% in secondary education, and 5.2% pursuing tertiary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Aspendale has 20 active transport stops, all of which are bus stops. These stops are served by three different routes that together facilitate 1,659 weekly passenger trips. The area's transport accessibility is considered good, with residents typically living within 271 meters of the nearest stop. As a predominantly residential zone, most Aspendale residents commute outward using their cars, which remain the dominant mode of transportation at 86%. Trains are used by 8% of residents. On average, there are 1.5 vehicles per dwelling in Aspendale, which is higher than the regional average.

According to the 2021 Census, a significant portion of residents, specifically 39.6%, work from home, potentially due to COVID-19 conditions. The service frequency across all routes averages 237 trips per day, equating to approximately 82 weekly trips per individual stop.

Aspendale's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Aspendale's health outcomes show excellent results based on AreaSearch's assessment of mortality rates and chronic condition prevalence, with very low prevalence of common health conditions across all age groups.

The rate of private health cover is very high at approximately 57% of the total population (around 4,290 people). Asthma and mental health issues are the most common medical conditions in the area, affecting 7.9 and 6.5% of residents respectively. A significant majority, 72.9%, report being completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Working-age residents have low chronic condition prevalence. The area has 18.4% of residents aged 65 and over (1,376 people), higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are particularly strong, aligning with national rankings for the general population.

In terms of cultural diversity, Aspendale records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Aspendale's population, born in Australia, was 80.3%, with 92.1% being citizens and 89.5% speaking English only at home. Christianity was the main religion, comprising 49.7%. Judaism was overrepresented at 0.3% compared to Greater Melbourne's 1.0%.

The top three ancestry groups were English (27.6%), Australian (25.9%), and Irish (10.7%). Russian (0.8%) and Hungarian (0.4%) were notably overrepresented, while French was slightly higher at 0.6% compared to regional averages.

Aspendale's population is slightly older than the national pattern

Aspendale has a median age of 40, which is slightly higher than Greater Melbourne's figure of 37 and Australia's national average of 38 years. Compared to Greater Melbourne, Aspendale has a notably higher proportion of individuals aged 45-54 (15.2%) and a lower proportion of those aged 25-34 (7.5%). Between 2021 and the present, the age group 15-24 has grown from 11.5% to 13.5%, while the 65-74 cohort has increased from 8.5% to 9.6%. Conversely, the 25-34 age group has decreased from 9.0% to 7.5%, and the 5-14 age group has dropped from 15.1% to 13.8%. By 2041, Aspendale's age profile is projected to change significantly. The 65-74 age cohort is expected to expand by 218 people (30%), growing from 718 to 937 individuals. Notably, the combined 65+ age groups are projected to account for 56% of total population growth, reflecting Aspendale's aging demographic profile. Meanwhile, the 0-4 and 35-44 age cohorts are expected to experience population declines.